I'm in the county town, and you say I'm a big shot?

Chapter 482 Chicken Coop Overturned Duck Coop

Fang Jianhua frowned after hearing this: "What kind of trouble is Wei Feng up to?! He came to your bank to talk about this without my permission?!"

“Yeah, besides, what’s the point of asking Zhao Wenjun about this? You should come directly to me, right?” Fang Qingye was also confused.

Fang Jianhua paused for a moment before saying, "I heard that Wei Feng and Zhao Wenjun have a personal relationship."

Oh, I see!

This makes sense now.

"Is the county in urgent need of funds?" Fang Qingye asked.

"That's right, because the county misappropriated a special fund allocated by the province," Fang Jianhua said.

"what?!"

“Nothing to be surprised about,” Fang Jianhua said with a smile. “Misappropriation of special fiscal funds happens all over the country. This is not the first time in our county. Some projects urgently need funds but can’t find the money, while some funds are not needed for the time being and have been lying in the account. So, they may be misappropriated. In the words of rural people, it’s like turning a chicken coop into a duck coop.”

"This 200 million yuan of special fiscal funds was originally intended for farmland water conservancy construction. It was planned to be used for the renovation of U-shaped canals and ponds throughout the county next spring, but it was not needed for the time being. The county is currently carrying out renovations of old residential areas, including the installation of elevators, etc., but the county does not have the matching funds, so this fund was diverted."

Fang Qingye found it somewhat unbelievable.

"Really? I remember our county has always had a fiscal surplus. In terms of GDP, it ranks third among the seven districts and counties in Jinghai, excluding Pingdong and Xingchuan districts, surpassing Yuanmen district?"

"Huh? That's ancient history. The GDP ranking is true, and fiscal revenue is increasing at a rate of 20% per year, but expenditures are even greater! We're already in deficit. You think it's just empty talk that Nanxin is going to build itself into a sub-center city of Jinghai? Putting everything else aside, just look at how fast the city's construction and development have been in recent years!"

This is true.
Fang Qingye nodded.

The construction of the new urban area is complete, the renovation of the old urban area is underway, and two new main roads have been built this year, completely connecting the new and old urban areas. All of this costs money!
“The county’s urban investment company provided some funding, but it wasn’t enough. Besides, the urban investment company was also heavily indebted, and the renovation of old residential areas was urgent, so the county had no choice but to use this fund.”

"The original plan was to misappropriate the funds and find a way to make up for them next spring, so as not to affect the renovation of projects such as the U-shaped canal. Unexpectedly, a few days ago we received a notice that the province suddenly sent a joint investigation team composed of finance, audit and agriculture departments to inspect the use of this special fiscal fund in various counties of Jinghai. Only then did the county leaders get anxious."

"You can keep the funds in your account if you don't need them right now, but you absolutely cannot use them for other purposes. That would be a serious violation of financial discipline!"

Oh. After hearing his second uncle's explanation, Fang Qing understood.

“Actually,” Fang Jianhua paused, then lowered his voice and said, “Normally, we could just find a way to make up the difference in funding and not delay the project’s commencement. But the problem is that there have been significant changes in the county leadership recently.”

"I heard that Secretary Hu is leaving?" Fang Qingye asked.

"Yes, not only Secretary Hu, but also County Chief Miao will be promoted and leave Nanxin."

"Second Uncle, what about you? Do you have a chance this time?" Fang Qingye thought of a question.

"Mm." Fang Jianhua nodded.

"Congratulations, Second Uncle," Fang Qingye said with a smile.

"Xiao Ye, I'm only telling you this in advance because we're family. Please don't tell anyone else," Fang Jianhua instructed. "Don't worry, I won't even tell Bai Ou."

“There’s no need for that. Bai Ou’s father is a bureau chief, and she worked as a judge for two years. She has a relatively high level of political awareness.” Fang Jianhua laughed. “Besides, you can’t control the person next to you in bed.”

Fang Qingye nodded.

"So, Xiao Ye, do you understand why the county is so eager to make up for the two hundred million yuan that was misappropriated?" Fang Jianhua said meaningfully.

Fang Qingye now fully understood why Wei Feng had gone to Zhao Wenjun to say that it concerned the future of the county leaders, and why he spoke with such an air of confidence.

Because Fang Qingye's second uncle is among them!
Moreover, he is the director of the finance bureau; if something goes wrong, he will be the first to suffer!

Getting a disciplinary action is not impossible, but more importantly, you can forget about any promotion.

"We just went to the county for a meeting specifically to discuss this matter," Fang Jianhua added.

"Is there any result?"

"At the meeting, someone suggested borrowing money from Jinghai Bank, arguing that the county government is also a major shareholder of the bank and should help them through the crisis now that they are in trouble. However, I firmly opposed it."

"Ok?"

"This sets a dangerous precedent. They borrowed this time to get through the crisis, but what about in the future? Will they borrow from you every time they encounter difficulties? Will they borrow more and more? What if they can't repay on time? What can you do to the county government? If this continues, will Jinghai Bank repeat the mistakes of rural banks?!"

"To be honest, this is also a concern of mine," Fang Qingye said.

“I objected, and County Chief Miao also objected for the same reasons as me. Secretary Hu also did not support this approach, so it was rejected.”

"Wei Feng suddenly sought out Zhao Wenjun yesterday. Is it not just because they have a personal relationship, but because someone instructed him or because he wanted to take credit?" Fang Qingye suddenly said.

Fang Jianhua glanced at him before saying, "He's close to County Chief Lu. Futai Company is going to be merged into the City Investment Company, and he might become the general manager."

That's it!

"But you don't need to worry too much. County Chief Lu may not treat you as well as Secretary Hu when he becomes the Party Secretary, but it won't be much worse. After all, you are a young entrepreneur in our county with several companies. People in the city and province appreciate you. Besides, if I become the Deputy County Chief, he will have to give me face."

"And Bai Ou's family, her father, her uncle, they're not pushovers either."

Fang Qingye nodded and then asked, "Have you reached a final decision?"

"Someone suggested that if we can't borrow money from the bank, we should borrow from you wealthy people in Nanxin, and borrow a little from each of you. In the past, when some of their businesses were in financial difficulty, the county finance department also lent them money one after another to help them get through the difficulties. But there is a risk involved. Too many people will know about this. If someone is unwilling and reveals it to the inspection team in private, that would be a big problem."

"These days, you can't see into someone's heart; nobody can see through them."

After listening to his second uncle's words, Fang Qingye pondered for a moment before saying, "How about this, you guys find a few reliable companies to borrow from first, and I'll cover the rest."

(End of this chapter)